Western Acquisition Ventures Corp. (NASDAQ:WAVS) Short Interest Update

Western Acquisition Ventures Corp. (NASDAQ:WAVS) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 2,200 shares, an increase of 1,000.0% from the December 15th total of 200 shares. Based on an average trading volume of 2,300 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.4% of the company’s shares are sold short.

Hedge Funds Weigh In On Western Acquisition Ventures

A hedge fund recently bought a new stake in Western Acquisition Ventures stock. Flow Traders U.S. LLC acquired a new stake in shares of Western Acquisition Ventures Corp. (NASDAQ:WAVS) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 10,295 shares of the company’s stock, valued at approximately $108,000. Flow Traders U.S. LLC owned about 0.29% of Western Acquisition Ventures at the end of the most recent reporting period. Institutional investors own 6.55% of the company’s stock.

Western Acquisition Ventures Trading Down 1.9 %

Shares of WAVS opened at $11.81 on Wednesday. Western Acquisition Ventures has a fifty-two week low of $10.27 and a fifty-two week high of $15.98. The stock has a fifty day moving average of $11.08 and a two-hundred day moving average of $10.93.

About Western Acquisition Ventures

Western Acquisition Ventures Corp. does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to acquire businesses operating in the infrastructure and environmental services; health, wellness, and food sustainability; financial technology and financial services; enterprise software and software as a service (SaaS); and leisure and hospitality industries.